The track is owned by Harry Maessen, a local business owner who is also involved in several other motorsports projects, including the BRL V6 and BRL Light series, Funpark Meppen and Acceleration 2014.
In 1961 the local people started hosting motocross races in the village of Heide, Venray. The goal was to raise money for a church, the current church of Immaculate Conception. More than a hundred motocross racers attended the first event June 25, 1961. Motocross Club Janslust was founded to host the races under the sanctioning of the Roman Catholic Dutch Touring Club (the Roman Catholic variant of the Royal Dutch Touring Club). The motocross became a yearly event. More than twenty years the annual motocross was run. However, in 1983 the organisation was dissolved. The motorcross of 1982 was canceled due to bad weather. The loss of 6,500 guilders was a heavy burden for the organisation. The board of the organisation decided to end the motorcross activities.
After the dissolution of M.C.V. Janslust motorcross halted in the area. Former members Johan van Dijck, Jan Derikx and Harry Maessen founded a new private foundation in 1983, Stichting Motor Cross Venray. The owner of the track in Heide did not allow any new motorcross activities. The new foundation first wanted to host races at Castenray but eventually settled in Ysselsteyn. The foundation expanded the already existing facilities of Motor Cross Club Venray which had been in use since 1977. The track was expanded to a length of 1,500 meters and renamed Circuit de Peel. The track was located near the Lieutenant General Best Barracks. The first race of the new organisation was held in 1984. Under sanctioning of the KNMV and the FIM the first race was held on February 5, 1984. The international Pullshaw Nederland Trophy was attended by many international riders such as Kees van der Ven and Heinz Kinigadner. In its first years most races at Circuit de Peel were sanctioned by the International Motor Bike Association.
At the end of 1989 the Circuit de Peel lost its licence to host the Motocross World Championship Grand Prix. As this reduced the income of the track Harry Maessen decided to add an oval track. On the 18th of August 1990 the inaugural races at the oval track were held. The track was 470 meters long and was made out of concrete. Track owner Maessen participated in the Super Stock class. In 1991 the first Superstox World Championship was held by the Spedeworth organisation. Darren Innocent won the prestigious race at Circuit de Peel. The track was paved with asphalt in the winter of 1995/1996. A karting track was laid out in the infield of the oval track and also an autocross event was hosted at the oval. In 1999 the track started working with an other oval track in the province of Limburg the JaBa Circuit. The coöperation made it possible for racing drivers to run both track championships without missing races. After the closure of Circuit de Berckt the Circuit de Peel had a big increase in drivers and spectators. The track was extended to a length of 520 meters.
In 2005 stockcar racing in mainland Europe suffered a major loss. During the highly prestigious Stockcar F1 World Cup at Circuit de Peel one of the drivers suffered a fatal accident. Piet Keijzer from Helmond had a flat tire in the outside lane. Keijzer spun and whilst approaching the infield had a head-on collision with Ed Neachell. Keijzer died from injuries sustained in the crash. It was the first and only deadly racing accident at Circuit de Peel.